WAIGX vs. FIQIX

Last updated Apr 2, 2026

Compare and contrast key facts about Wasatch International Growth Fund (WAIGX) and Fidelity Advisor International Small Cap Fund Class Z (FIQIX).

WAIGX is managed by Wasatch. It was launched on Jun 27, 2002. FIQIX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

WAIGX vs. FIQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Wasatch International Growth Fund (WAIGX) and Fidelity Advisor International Small Cap Fund Class Z (FIQIX). The values are adjusted to include any dividend payments, if applicable.

WAIGX vs. FIQIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
WAIGX Wasatch International Growth Fund	-7.93%	11.89%	-0.62%	11.64%	-36.64%	10.86%	24.65%	29.43%	-14.44%
FIQIX Fidelity Advisor International Small Cap Fund Class Z	-0.19%	24.80%	0.14%	19.76%	-16.53%	13.56%	10.12%	21.61%	-7.47%

Returns By Period

In the year-to-date period, WAIGX achieves a -7.93% return, which is significantly lower than FIQIX's -0.19% return.

WAIGX

• 1D: 2.80%
• 1M: -6.92%
• YTD: -7.93%
• 6M: -10.56%
• 1Y: 3.42%
• 3Y*: 2.52%
• 5Y*: -4.37%
• 10Y*: 3.25%

FIQIX

• 1D: 2.36%
• 1M: -6.50%
• YTD: -0.19%
• 6M: 1.69%
• 1Y: 18.18%
• 3Y*: 11.24%
• 5Y*: 5.47%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

WAIGX vs. FIQIX - Expense Ratio Comparison

WAIGX has a 1.44% expense ratio, which is higher than FIQIX's 0.89% expense ratio.

WAIGX

Wasatch International Growth Fund

FIQIX

Fidelity Advisor International Small Cap Fund Class Z

Return for Risk

WAIGX vs. FIQIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WAIGX

WAIGX Risk / Return Rank: 7
WAIGX Sharpe Ratio Rank: 8
WAIGX Sortino Ratio Rank: 8
WAIGX Omega Ratio Rank: 7
WAIGX Calmar Ratio Rank: 7
WAIGX Martin Ratio Rank: 6

FIQIX

FIQIX Risk / Return Rank: 68
FIQIX Sharpe Ratio Rank: 75
FIQIX Sortino Ratio Rank: 70
FIQIX Omega Ratio Rank: 72
FIQIX Calmar Ratio Rank: 65
FIQIX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WAIGX vs. FIQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Wasatch International Growth Fund (WAIGX) and Fidelity Advisor International Small Cap Fund Class Z (FIQIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WAIGX	FIQIX	Difference
Sharpe ratio Return per unit of total volatility	0.26	1.40	-1.14
Sortino ratio Return per unit of downside risk	0.46	1.84	-1.38
Omega ratio Gain probability vs. loss probability	1.06	1.29	-0.23
Calmar ratio Return relative to maximum drawdown	0.16	1.61	-1.45
Martin ratio Return relative to average drawdown	0.42	5.88	-5.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WAIGX vs. FIQIX - Sharpe Ratio Comparison

The current WAIGX Sharpe Ratio is 0.26, which is lower than the FIQIX Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of WAIGX and FIQIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	WAIGX	FIQIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	1.40	-1.14
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	0.41	-0.65
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.52	-0.10

Correlation

The correlation between WAIGX and FIQIX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

WAIGX vs. FIQIX - Dividend Comparison

WAIGX's dividend yield for the trailing twelve months is around 58.41%, more than FIQIX's 3.69% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
WAIGX Wasatch International Growth Fund	58.41%	53.78%	20.59%	0.00%	0.00%	10.13%	10.93%	2.50%	17.84%	2.71%	4.01%
FIQIX Fidelity Advisor International Small Cap Fund Class Z	3.69%	3.68%	2.73%	1.99%	0.83%	7.39%	0.93%	2.47%	6.33%	0.00%	0.00%

Drawdowns

WAIGX vs. FIQIX - Drawdown Comparison

The maximum WAIGX drawdown since its inception was -67.66%, which is greater than FIQIX's maximum drawdown of -36.61%. Use the drawdown chart below to compare losses from any high point for WAIGX and FIQIX.

Drawdown Indicators

	WAIGX	FIQIX	Difference
Max Drawdown Largest peak-to-trough decline	-67.66%	-36.61%	-31.05%
Max Drawdown (1Y) Largest decline over 1 year	-17.68%	-10.72%	-6.96%
Max Drawdown (5Y) Largest decline over 5 years	-48.06%	-30.95%	-17.11%
Max Drawdown (10Y) Largest decline over 10 years	-48.06%	—	—
Current Drawdown Current decline from peak	-32.33%	-8.29%	-24.04%
Average Drawdown Average peak-to-trough decline	-14.25%	-6.88%	-7.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.82%	2.95%	+3.87%

Volatility

WAIGX vs. FIQIX - Volatility Comparison

Wasatch International Growth Fund (WAIGX) has a higher volatility of 6.67% compared to Fidelity Advisor International Small Cap Fund Class Z (FIQIX) at 6.19%. This indicates that WAIGX's price experiences larger fluctuations and is considered to be riskier than FIQIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WAIGX	FIQIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.67%	6.19%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	10.24%	8.99%	+1.25%
Volatility (1Y) Calculated over the trailing 1-year period	15.51%	13.47%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.63%	13.40%	+5.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	15.13%	+2.97%